Since i come in contact with bitcoin i have lost close to 18m Sato shi in the hand of scammers.
So i am now taking gentle in a sense that same thing will not occur any longer. I take everything very very serious now.
Topic: How many Bitcoins are lost forever? - page 5. (Read 43044 times)
I know it is a tricky question. What do you think, how many Bitcoins are lost forever and are 'out of the network' by lost private keys?
We can never give an accurate or solid answer to that because we don't have the exact data to know how many were lost.But I personally think that many Bitcoins has been lost especially in the beginning of the Bitcoin.
I know it is a tricky question. What do you think, how many Bitcoins are lost forever and are 'out of the network' by lost private keys?
We can never give an accurate or solid answer to that because we don't have the exact data to know how many were lost.But I personally think that many Bitcoins has been lost especially in the beginning of the Bitcoin.
i think, a lot of BTC lost forever when Price low,, now less
At least half milion BTCBTCBTCBTC 
It's hard to estimate, because until now there is still no system that makes calculations about Bitcoin as a whole. But in my opinion! more days will be growing, this happens when someone forgot Private Key belongs to recording and there are also new users who don't understand about the performance of Bitcoin, which will result in omission occurred
I know it is a tricky question. What do you think, how many Bitcoins are lost forever and are 'out of the network' by lost private keys?
I don't think anyone can give you an accurate number of how many Bitcoin has been lost till date.But i think that it is a lot especially int he beginning when Bitcoin was still new and not so big as it is today
I know it is a tricky question. What do you think, how many Bitcoins are lost forever and are 'out of the network' by lost private keys?
Good question. One I have pondered often myself. I think logically most bitcoins were lost when it was still a very fresh idea and people were mining whole bitcoins with a single so please pc setup. Because people never knew their value back then they were careless and didn't think it was a problem. Years later it is abundantly clear that this is a huge problem since the bitcoin system was no longer just some cool new technology but actually took off and flew like a rocket to over $1000 big ouch of you lost coins.
What would be very interesting, how many Bitcoins have already been lost by someone new to Bitcoin, who created an address, collected a few bits or mBTCs and then lost interest in Bitcoin. This user probably lost the private key of his address so that the collected bits were no longer accessible. If this happens with many, a large amount of lost bitcoins accumulates.
Yeah, I've heard many stories about bitcoin newbies dropping out when they are frustrated and lose the will, which results in a lot of bitcoin lost. And there are some people who have completely forgotten their bitcoin wallet, and it could be a whole fortune in those wallets. And so we have lost quite a lot bitcoin for no good reason. What would be very interesting, how many Bitcoins have already been lost by someone new to Bitcoin, who created an address, collected a few bits or mBTCs and then lost interest in Bitcoin. This user probably lost the private key of his address so that the collected bits were no longer accessible. If this happens with many, a large amount of lost bitcoins accumulates.
It is correct because I also lost my first blockchain account login details and couldn't recover back that account. First when I got introduced to bitcoins was collected few bits from faucet sites but after one month thought it is not worth for my time then didn't come back to bitcoins for a long time. After two years time again I gain interest towards bitcoins but by then I lost that account and started with new one.
What would be very interesting, how many Bitcoins have already been lost by someone new to Bitcoin, who created an address, collected a few bits or mBTCs and then lost interest in Bitcoin. This user probably lost the private key of his address so that the collected bits were no longer accessible. If this happens with many, a large amount of lost bitcoins accumulates.
I do not understand this anxiety or concerns about bitcoin those that had the opportunity to be lost. In fact, such a thing could happen, and indeed may have somewhere to coin purses, which left their owners for various reasons. But that is changing. This is just for information, or is it important?
It is not just an info, it actually may be important. If a big amount of coins will be lost in a future, it would mean that there will be a lower number of coins available on the market, which would mean their value will be higher.
But it's pretty hard to calculate how many are lost. Even if we knew how many coins are not into circulation, we still don't know how many of them are lost. Because many, many people are saving their money just like me, waiting for a price increase.
You can't just blindly count every address that contains coins that haven't been moved in a very long time. And then again, how many coins must a certain address contain in order to get counted?
There are probably tens of thousands of addresses that only contain like 0.01-1BTC, that haven't been moved in a very long time. Will you count these as well?
Then you have people that have lost access to their coins last year, but how will you determine they are not just stored by people as investment? It's too much hassle and definitely not worth the effort.
I know that the problematic is way more complex than a simple address counting, but there are some ways how to count at least some of the burned addresses with some amount of coins in them. The last info I've heard is that the total number could be somewhere around 3 million "lost" bitcoins already, but I don't know where it was, I just found this post from 2015:There are probably tens of thousands of addresses that only contain like 0.01-1BTC, that haven't been moved in a very long time. Will you count these as well?
Then you have people that have lost access to their coins last year, but how will you determine they are not just stored by people as investment? It's too much hassle and definitely not worth the effort.
Someone summed up the lost BTC only from the thread. In total BTC 134578.27864659
And this is likely just a particle of all lost coins.
https://bitcointalksearch.org/topic/m.8601641
And this is likely just a particle of all lost coins.
https://bitcointalksearch.org/topic/m.8601641
It's almost 2 years old, so the 3M number could be real now.
You can't just blindly count every address that contains coins that haven't been moved in a very long time. And then again, how many coins must a certain address contain in order to get counted?
There are probably tens of thousands of addresses that only contain like 0.01-1BTC, that haven't been moved in a very long time. Will you count these as well?
Then you have people that have lost access to their coins last year, but how will you determine they are not just stored by people as investment? It's too much hassle and definitely not worth the effort.
I know that the problematic is way more complex than a simple address counting, but there are some ways how to count at least some of the burned addresses with some amount of coins in them. The last info I've heard is that the total number could be somewhere around 3 million "lost" bitcoins already, but I don't know where it was, I just found this post from 2015:There are probably tens of thousands of addresses that only contain like 0.01-1BTC, that haven't been moved in a very long time. Will you count these as well?
Then you have people that have lost access to their coins last year, but how will you determine they are not just stored by people as investment? It's too much hassle and definitely not worth the effort.
Someone summed up the lost BTC only from the thread. In total BTC 134578.27864659
And this is likely just a particle of all lost coins.
https://bitcointalksearch.org/topic/m.8601641
And this is likely just a particle of all lost coins.
https://bitcointalksearch.org/topic/m.8601641
It's almost 2 years old, so the 3M number could be real now.
I do not understand this anxiety or concerns about bitcoin those that had the opportunity to be lost. In fact, such a thing could happen, and indeed may have somewhere to coin purses, which left their owners for various reasons. But that is changing. This is just for information, or is it important?
It is not just an info, it actually may be important. If a big amount of coins will be lost in a future, it would mean that there will be a lower number of coins available on the market, which would mean their value will be higher.
But it's pretty hard to calculate how many are lost. Even if we knew how many coins are not into circulation, we still don't know how many of them are lost. Because many, many people are saving their money just like me, waiting for a price increase.
You can count the total number of these coins if you look on the blockchain and find the ones which are not moved in a long time. I don't say it would be easy, but technically it may be possible.
There are probably tens of thousands of addresses that only contain like 0.01-1BTC, that haven't been moved in a very long time. Will you count these as well?
Then you have people that have lost access to their coins last year, but how will you determine they are not just stored by people as investment? It's too much hassle and definitely not worth the effort.
I do not understand this anxiety or concerns about bitcoin those that had the opportunity to be lost. In fact, such a thing could happen, and indeed may have somewhere to coin purses, which left their owners for various reasons. But that is changing. This is just for information, or is it important?
It is not just an info, it actually may be important. If a big amount of coins will be lost in a future, it would mean that there will be a lower number of coins available on the market, which would mean their value will be higher.
But it's pretty hard to calculate how many are lost. Even if we knew how many coins are not into circulation, we still don't know how many of them are lost. Because many, many people are saving their money just like me, waiting for a price increase.
You can count the total number of these coins if you look on the blockchain and find the ones which are not moved in a long time. I don't say it would be easy, but technically it may be possible.
I do not understand this anxiety or concerns about bitcoin those that had the opportunity to be lost. In fact, such a thing could happen, and indeed may have somewhere to coin purses, which left their owners for various reasons. But that is changing. This is just for information, or is it important?
It is not just an info, it actually may be important. If a big amount of coins will be lost in a future, it would mean that there will be a lower number of coins available on the market, which would mean their value will be higher.
But it's pretty hard to calculate how many are lost. Even if we knew how many coins are not into circulation, we still don't know how many of them are lost. Because many, many people are saving their money just like me, waiting for a price increase.
I do not understand this anxiety or concerns about bitcoin those that had the opportunity to be lost. In fact, such a thing could happen, and indeed may have somewhere to coin purses, which left their owners for various reasons. But that is changing. This is just for information, or is it important?
It is not just an info, it actually may be important. If a big amount of coins will be lost in a future, it would mean that there will be a lower number of coins available on the market, which would mean their value will be higher.
Perhaps if the talk of a bitcoin bank confirmed, when his work has become known to all full. The fact is that bitcoin has the maximum number of digits, and as the bank will be able to control, on the question of bitcoin losses, will answer a lot easier.
I think that if there were any casualties in the bitcoin, it happened only at the dawn of cryptocurrency development. But as if to suggest that virtually nothing is worth while bitcoin, the possibility that the number of abandoned coins can be a huge amount. But it is still just a guess.
Most likely users are not so stupid to lose their bitcoin. All the same, even after losing access to the purse, you can restore all regain. So in the example of direct numbers is useless. Jump to: